Kim, So-yŏng; Lee, Jong-Wha; Park, Cyn-Young - 2009
, the reverse is also true. Output shocks from emerging Asia (and the People's Republic of China [PRC]) have a significant …In this paper, we investigate the degree of real economic interdependence between emerging Asia and major industrial … countries to shed light on the heated debate over the "decoupling" of emerging Asia. We first document the evolution of …